Asia-Pacific markets opened in a mixed state on Monday as traders weighed the ongoing uncertainty surrounding U.S.-Iran negotiations.
President Donald Trump's recent remarks that he is in 'no hurry' to finalize a deal have left investors on edge, with the Strait of Hormuz situation continuing to cast a shadow over regional stability.
The market reaction reflects a broader trend of volatility driven by geopolitical tensions.
While some indices showed resilience, others struggled to find direction amid the lack of clarity on a potential resolution to the conflict.
The situation has kept energy and shipping sectors under pressure, with oil prices remaining sensitive to developments in the region.
This latest development adds to a growing list of concerns for investors, who are closely monitoring the potential for further escalation.